FWCCA Industry Information

NCCI is requesting an overall rate decrease for workers compensation premiums on January 1, 2005. The construction codes have an average 9.2% decrease with a maximum decrease of 19%. Below is a link for a chart of the various construction class codes and the premiums for the last few years.

The chart is an internal document and can only be used as a guide. The final posted rates for each year may be a little off.

The Department of Financial Services will schedule a hearing on the rate request in the next few weeks. As soon as the hearing is scheduled, we will advise. The good news is that the workers compensation bill passed in 2003 is having the desired effect!

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